Obermatt

Chenbro Micom

TAI:8210 · TW0008210006
Technology Hardware, Storage & PeripheralsSmall

360

77
EV / EBIT13
Price / Owner Earnings12
Owner Earnings Yield23
Dividend Yield45
Price/Sales9
EV / Gross Profit6
Price/Book10
Return on Capital92
Cash Return on Capital87
Return on Equity92
EBIT Margin95
Gross Profitability65
Cash Conversion48
Accruals34
Owner Earnings Margin85
Sales growth85
Profit Growth45
Long-Term EPS Growth98
Owner Earnings Growth67
Reinvestment98
Price momentum94
Debt load46
Refinancing25
Debt Payback100
Liquidity78
Analyst ratings74
Opinion Changes50
Price Target Upside55
Market mood34
Value Creation18/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Chenbro Micom generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryTaiwan
IndustryTechnology Hardware, Storage & Peripherals
SizeSmall
TypePublic Company
ExchangeTWSE
Founded1983
Employees77
ISINTW0008210006
Last UpdateApr 2, 2026
Themes
Storage ManagementElectronicsHardwareManufacturing

Description

Analysis

Beloved champion

Chenbro Micom Co., Ltd. sits in the top corner of our grid: excellent business, premium price; every investor already knows the story. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 54.5×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 20% a year, against analyst forecasts of 43%. The price, in other words, assumes less than the experts do.

Growth is solid and accelerating; the safety picture is adequate. The company scores 18/20 on our value-creation score: strong value creator.

Flags to be aware of: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
32
2023202420252026

All-time high

52

Jan 2024

All-time low

29

Jan 2025

Average rank

37

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
9
19
13
27
Price/Earnings
17
46
23
40
Price/Book
10
17
10
38
Dividend Yield
45
42
18
21
Value (overall)
10
13
6
15

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →